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Force Majeure Lifted On Bonny Light Crude

Oil

A force majeure on Nigerian Bonny Light crude has been lifted after a damaged pipeline was repaired, newswires report, citing a statement from the firm. Force majeure was declared in early June after a leak was found on the Trans Niger Pipeline, one of two lines which carry the grade for export. The July programme for Bonny Light was initially scheduled at 164K b/d, down 40K b/d m-o-m. However, after this exports are expected to rise to 226K b/d in August with the programme including two deferred cargoes.